How to use consumer credit sites to keep tabs on your finances

One of the best things you can do for your long-term financial situation is to keep tabs on your finances. It’s easy to become complacent, forgetting to make sure you are getting the best deals and saving as much money as possible.

There are plenty of tools that can help you stay on top of your finances, and make sure you are in the best possible shape. Consumer credit sites, like Quizzle, are among these tools.

How consumer credit sites help

Consumer credit sites help you keep track of your finances by keeping an eye on your credit situation. The money decisions you make can impact your credit, and your credit, in turn, can impact your finances. While many of us think of credit as only determining what happens with loans, the reality is that others, including insurers and landlords, might use your credit to decide how much to charge you in certain circumstances.

A good consumer credit site can help you see where you stand. While you are entitled to a free credit report from each of the major credit reporting agencies each year from AnnualCreditReport.com, you might have to pay if you want to keep tabs beyond that. Instead, you can join a free consumer credit site to get a general idea of where you stand, and how your current actions might be affecting your credit.

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Quizzle, for example, allows you to take a look at your current financial picture, as well as access your VantageScore® credit score and Equifax® credit report, every six months. You don’t even need to enter a credit card account to get started. This general overview of your finances can help you pinpoint problem areas, and work to improve.

Finding better deals

Not only can you get an overview of your finances with the help of a consumer credit site, but you can also use these sites to find better deals. Sites like Quizzle recommend actions that can save you money. You might be able to get a recommendation to refinance to a lower mortgage rate, or a credit card offer that can help you save money through a balance transfer.

Plus, when you use these sites to identify specific actions you can take to improve your credit score, you might find that your car insurance premiums drop, and that you have other perks as well. With the right approach to using consumer credit sites, it’s possible for you to save hundreds of dollars a year.